SEC Form 4 · accession 0001263279-16-000065
ODYSSEY MARINE EXPLORATION INC · OMEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay Nudi
Officer — Interim CFO,Treasurer/PAO
Period of report
Dec 20, 2016
Accepted (ET)
Dec 21, 2016 · 7:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000798528
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 20, 2016 | A | 18,337 | $0.00 | A | 29,854 | D | |
| Common StockF1 | Dec 20, 2016 | F | 4,996 | $3.47 | D | 24,858 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (RSU)F2,F3 | — | Dec 20, 2016 | M | 1,069 | D | — | Dec 20, 2016 | Common Stock | 1,069 | 0 | D |
| Restricted Stock Unit (RSU)F2,F4 | — | Dec 20, 2016 | M | 900 | D | — | Dec 20, 2017 | Common Stock | 900 | 900 | D |
| Restricted Stock Unit (RSU)F2,F5 | — | Dec 20, 2016 | M | 16,368 | D | — | Dec 20, 2018 | Common Stock | 16,368 | 32,737 | D |
Explanation of responses
- F1The number of shares shown gives effect to reverse stock splits that became effective on February 19, 2016.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of OMEX common stock.
- F3Restricted Stock Units vest in three equal annual installments on December 20, 2014, 2015, 2016.
- F4Restricted Stock Units vest in three equal annual installments on December 20, 2015, 2016, 2017.
- F5Restricted Stock Units vest in three equal annual installments on December 20, 2016, 2017, 2018.